Stay updated with breaking news from Pritish Devassy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RIYADH: The Tadawul All Share Index shed 56.99 points — or 0.57 percent — on Monday to close at 9,994.79 points, as it descended for the seventh consecutive session. TASI fell 5.24 percent in the last seven sessions. Since last year, it has dropped by 19.51 percent, largely weighed down by the banking and energy sectors, which plunged 26.45 percent and 16.27 percent,
RIYADH: The Tadawul All Share Index on Sunday closed marginally lower by 38.74 points — or 0.38 percent — to close at 10,251.68 points after touching a peak of 10,316.61 at 10:44 a.m. Saudi time, riding on the uncertainty that has clouded investor sentiment in the past few months. The advance-decline ratio reflected the sentiment, with 104 stocks of the listed 220 heading
Shares in the utility closed down 8.4 percent at 66.7 riyals ($17.78) on Tuesday.
Insurers received regulatory approval this month to start selling products that provide cover from Covid-19 infection risk to Saudi Arabian citizens travelling abroad